Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[elasticband]

Apparently, Ross's defense is arguing that Mark Karpeles was DPR at one point.

https://twitter.com/kari_paul/status/555820627907846144

https://twitter.com/a_greenberg/status/555820629703008256

*edit*

Found those tweets on Reddit. http://www.reddit.com/r/Bitcoin/search?q=bitcoin&sort=new

LOL are you fucking kidding me.......................

can't wait until court gets out for the day!

[esse83]

Mark Karpeles is DPR .. thats just so fucking hilarious I honestly believe it.

[Son0fLamb]

Would you look at that price, gentlemen...

[Jammalan the Prophet]

I look at the price in the morning...  wow

I look at the price right now...wow

And then news about Mark and DPR...

Again , wow!

Bitcoin is so entertaining.

[3x2]

Going under 200 again, just wow 

[ChartBuddy]

Bitfinex

Bitstamp

Explanation

[Warren Buffert]

it's almost time for daily dump. my associates at the anti-bitcoin consortium are getting ready to offload a few thousand coins on all major exchanges. we're making final preparations now

are you stupids ready to lose more moneys?

At exactly what time are you claiming you will make this happen?

soon. you will know when all money is gone. better give up hope and sell now before too late.

Prove it

State an exact time or how do we know you are not talking bullshit?

At least state a range of "soon" like between an hour from now and 3 hours from now.

phase one of dump has commenced on bitstmap. going well and planning phase two next. it bigger. better sell before too late.

phase three is now underway. if you did not sell during phase 1 or phase 2 as i warned you, then this is final chance to cut your loose. give up false hope of any false recovery! <$200 soon!

[Warren Buffert]

it's almost time for daily dump. my associates at the anti-bitcoin consortium are getting ready to offload a few thousand coins on all major exchanges. we're making final preparations now

are you stupids ready to lose more moneys?

At exactly what time are you claiming you will make this happen?

soon. you will know when all money is gone. better give up hope and sell now before too late.

Prove it

State an exact time or how do we know you are not talking bullshit?

At least state a range of "soon" like between an hour from now and 3 hours from now.

phase one of dump has commenced on bitstmap. going well and planning phase two next. it bigger. better sell before too late.

phase three is now underway. if you did not sell during phase 1 or phase 2 as i warned you, then this is final chance to cut your loose. give up false hope of any false recovery! <$200 soon!

We are pleased to announce ladies and gentleman our anti-bitcoin consortium successfully dumped over 1,000 coins on bitstamp and successful bring price down again. you were warned!

[JohnPercent]

Its too late now.....much too late,  



if you didn't sell yet.................



http://img.podbean.com/itunes-logo/486124/LOGOBIG.jpg

[Eamorr]

Beautiful.

[Jammalan the Prophet]

bla bla bla

Out of pure curiosity..
I assume the username Warren Buffett was taken , but why did you chose Buffert? and not anything else?

[billyjoeallen]

The only reason we're going under $200 again is because the FPRs haven't attracted a new bear whale yet. as soon as we see a giant ask wall low enough, it's gonna get eaten like fried chicken at Sunday potluck.

This is why I'm only 2.5% margin long right now. Have to keep my powder dry to hunt bear whales.

so who's the sucker gonna be?

[NotLambchop]

Gentlemen, the numbers speak for themselves...

[Eamorr]

Gobble, gobble! (you are the one who's being gobbled right now. lol.)

[Jammalan the Prophet]

Gobble, gobble! (you are the one who's being gobbled right now. lol.)

https://www.youtube.com/watch?v=3O1_3zBUKM8

[ChuckBuck]

Gentlemen, the numbers speak for themselves...

I really really hate those twin girls.

Makes me really angry inside.

[thompete]

And of course my 234.4 sell order misses by a few cents...

I've been missing the tops and bottoms by few cents every fucking time lately

Why not just sell it at lower then ?

[Thomas-s]

"What now, bitches?"

[Eamorr]

Love how there's ZERO volume for the price "support".

Then a big massive red volume spike comes along and washes it all up. Rinse and repeat.

[bassclef]

The only reason we're going under $200 again is because the FPRs haven't attracted a new bear whale yet. as soon as we see a giant ask wall low enough, it's gonna get eaten like fried chicken at Sunday potluck.

This is why I'm only 2.5% margin long right now. Have to keep my powder dry to hunt bear whales.

so who's the sucker gonna be?

I feel like your FPR is simply an explanation for trading ranges, originally outlined by Richard Wyckoff and used by VSA traders. This is how they play out:

1. Selling/buying climax
2. Secondary test(s) of highs/lows
3. Consolidation (up or down)
4. Sign of strength or weakness (a break upward/downward as a clue to the next move)
5. Shakeouts to test for supply/demand
6. Jump across the creek/break through the ice (a backup or spring, to gather strength to penetrate the top or bottom of the range)
7. Markup/markdown